A loan of $650 helped additional capital for general store.

Teresita's story

Teresita T. is a hopeful and determined 75-year-old woman trying to rise from poverty. She hails from the Municipality of Teresa, Rizal Province, in the Philippines. She is widowed and strove hard to nurture her children until they grew up. Looking at her age, she still has the will to continue her business, a general store where she sells basic commodities and goods for her neighbors’ consumption in their village. She has been doing this type of business for 18 years already.

In 2006, she joined ASHI (Ahon Sa Hirap, Inc.), an MFI and Kiva partner in the Philippines. She was happy, because since joining ASHI, she has had access to capital. She used her previous loans in her general store as well.

Now on her 6th loan, Teresita has proposed a loan for the amount of 30,000 pesos so she can have additional capital for her business. The amount will be used to purchase bulk stock for her general store.

She dreams to help her grandchildren with their school expenses and to expand her general store to a bigger one.

Loan details

Lenders and lending teams

Loan details